Riot Platforms, Inc. ( RIOT ) shares are trading higher on Friday after the company announced it acquired approximately 5,000 Bitcoin (CRYPTO: BTC). The Details: Riot purchased 5,117 Bitcoin for about $510 million, at an average price of approximately $99,669 per Bitcoin. The company noted in the Securities and Exchange Commission filing that it now holds a total of 16,728...

Rivian Automotive Inc ( RIVN ) shares are trading higher by some 2.8% to $13.87 this week. Analyst Mickey Legg of Benchmark initiated coverage earlier this week with a Buy rating and an $18 price target. Goldman Sachs this week said it also predicts significant advancements in autonomous vehicles by 2030, with Level 3 AVs making up 10% of new...

WASHINGTON, Dec 13 (Reuters) - The chair and top Democrat on a U.S. House of Representatives committee on China told the CEOs of Google-parent Alphabet and Apple ( AAPL ) on Friday they must be ready to remove TikTok from their U.S. app stores on Jan. 19. Last week, a U.S. federal appeals court upheld a law requiring China-based ByteDance...

12:48 PM EST, 12/13/2024 (MT Newswires) -- Scilex ( SCLX ) said Friday it closed a $17 million direct offering of common shares and accompanying common warrants at a combined offering price $0.59 each, as well as pre-funded warrants at $0.5899 apiece. The company sold 26.4 million shares, common warrants to purchase up to 57.5 million shares, and pre-funded warrants...